News

The World Bank has approved a $500 million grant to bolster Nigeria’s recovery from the economic and social impacts of the COVID-19 pandemic. According to the News Agency of Nigeria...

A plan that would raise the Value-Added Tax, or VAT, from 7.5 percent to 10 percent is being considered by the National Assembly. The National Assembly plans to raise the...

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the potential of the capital market to significantly contribute to financing Nigeria's substantial infrastructure deficit....

The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for countries, cutting the charges by up to 36%. This change, which aims to relieve countries facing...

Innocent Chukwuma, the CEO of Innoson Motors, reports a growing demand for electric vehicles (EVs) in Nigeria, largely driven by soaring petrol prices. During an interview with Channels Television, Chukwuma...

Ekiti State Governor Biodun Oyebanji said on Saturday that state employees would receive the new N70,000 minimum wage in addition to pension adjustments. At the 2024 Pensioners' Day celebration in...

Ripple Co-founder Chris Larsen has made a notable cryptocurrency donation of $1 million in XRP to support U.S. Vice President Kamala Harris in her presidential campaign. This marks the first...

The Federal Government of Nigeria has introduced a new tax bill that mandates individuals working in the banking, insurance, and stockbroking sectors to present a Tax Identification Number (TIN) before...

In a grand gesture, the Ooni of Ife, Adeyeye Ogunwusi, recently unveiled a golden statue of Nigeria's First Lady, Oluremi Tinubu, at Obafemi Awolowo University (OAU). This unveiling, part of...

The Economic and Financial Crimes Commission (EFCC) has been under fire from Civil Society Organisations (CSOs) for holding off the publication of its report on the purported N585 million scam...